According to the administrator involved, a deal on pay reductions for Arrium workers could come as soon as this afternoon.
Laundry products maker Pental has said it hopes to capitalise on the Chinese demand for Australian dairy products after recently delivering its first shipment of goat’s milk soap.
Flexco has released the PTEZ Belt Trainer tracking idler for its line of belt trainers. Designed with the company’s “Pivot and Tilt” feature, it can be used in any application that requires tracking to prevent damage to the belt or conveyor structure, including single-direction and reversing belts. The Pivot and Tilt feature ensures that the … Continue reading Flexco launches belt trainer for conveyor tracking
GE Power has announced that it has completed the acquisition of the Heat Recovery Steam Generator (HRSG) business of Doosan Engineering & Construction for $USD250 million. Originally announced in May, the Doosan Engineering & Construction HRSG acquisition will help GE Power meet the growing demand for its combined-cycle power plant solutions, which utilize HRSG technology, … Continue reading GE buys out Doosan’s Steam Generator Business
In recent years, the use of modern adhesive technologies has become increasingly prominent in the industry. There is a good reason for this, as high-performance adhesives deliver numerous advantages for constructors and processors alike. In particular, the property of bonding all kinds of materials quickly and securely is one of the reasons why adhesives are … Continue reading Modern adhesives – a key manufacturing technology of the future
Ansell’s full-year profit fell 15.1 per cent, with the company apparently mulling the sale of its sexual wellness division to focus on safety gear.
Coca-Cola Amatil is seeing improved bottled water sales and market share in the year’s first six months.
Australian hearing implant manufacturer Cochlear has topped annual revenues of $1 billion, an increase 23 per cent on the year before.
The uncertain future of the Whyalla’s main employer, the Arrium steelworks, continues to trouble the city, with a significant capital injection needed to make the plant competitive again.
ASX-listed Engineering company Downer EDI saw a 14 per cent drop in net profit, beating expectations, and said its strategy will involve targeting more rail and bus contracts.
An informal meeting was held last night at Whyalla, with Arrium administrator KordaMentha briefing an audience and explaining the need for a new pay agreement and energy solution to assist with the sale.
Morgan Stanley will run the sale process for Arrium Australia – the steel and iron ore group minus Moly-Cop – with the mandate to pursue a trade sale rather than ASX listing.
The future is promising for manufacturing exports, with economic conditions offering excellent opportunities for manufacturers. A number of recent developments have created these favourable conditions.
Unlike our previous election, in fact unlike our past three federal elections, in the US, both candidates for president are vowing to revitalise and resurrect the U.S. manufacturing industry. In fact, Donald Trump says he will “reclaim millions of American jobs” while Hillary Clinton is pushing a “make it in America” strategy. “While too many … Continue reading OPINION: Unlike in Australia, US elections are all about manufacturing
Rare earth elements and their compounds are a crucial part of our everyday technologies. But our demand for these precious elements are growing, and the world’s supply is not evenly distributed. Below is an infographic outlining these major elements, how they are used, and where they are found. 7 Rare Earth Elements that Run our … Continue reading INFOGRAPHIC: Rare earth metals supply and where it is found
Servicing, Maintenance and Welding (SMW) Group provides field servicing, maintenance and emergency repair and rebuild services to customers in Central Queensland. The company also provides complete plant and equipment management, supported by a range of mine site compliance activities. In response to SMW’s desire to make its large welding workshop more efficient, BOC and its … Continue reading New gen robots cutting weld time by up to 90 per cent
When I first saw the results of IFS’s Digital Transformation Survey of nearly 500 senior decision makers in 20+ countries, I was surprised that only 50 per cent of respondents in Australia said they had a clear strategy for digital transformation. The reason wasn’t that 50 per cent seemed like a low figure based on … Continue reading OPINION: Are Australian companies doing enough to transform themselves?
Pasternack has released a new line of waveguide bends from 5.85 to 90 GHz across 12 frequency bands, from C band to W band. These waveguide bends are commonly used in applications such as instrumentation, test benches, high efficiency RF, microwave and mm-wave transmissions, SATCOM, MILCOM, radar and telecom. These 90 degree waveguide bends are … Continue reading New waveguide bends across 12 frequency bands
Emerson has announced the release of the Rosemount 975 flame detectors, a complete line of optical flame detectors designed to perform in the harshest environmental conditions and connect directly to alarm or automatic fire extinguishing systems. The new line incorporates a variety of flame detection technologies that will provide optimal coverage for a wide range of … Continue reading New flame detectors to help keep staff and facilities safe
There is still the possibility, however slight, of the Coalition winning a majority in the lower house and forming government, according to ABC election analyst Antony Green. The ABC reports Green as projecting the Malcolm Turnbull-led Coalition winning at least 73 seats and possibly 76. Predictions for the seats of Grey and Petrie were updated … Continue reading Slim possibility of majority government: expert